Mexican Gold 50 Pesos 'Centenario' Coin Pendant

This item is a Mexican 50 Pesos gold coin, commonly known as a 'Centenario', mounted in a yellow gold decorative jewelry bezel. The coin itself is a large-format piece originally minted to commemorate the centennial of Mexico's independence. It features the iconic 'Winged Victory' (Angel of Independence) on the obverse, holding a laurel wreath and broken chains, with the dates '1821' and '1921' flanking the figure. The text '50 PESOS' and '37.5G ORO PURO' is clearly visible, indicating the gold content. The coin is set into a custom pendant mount that features a diamond-cut inner border followed by a twisted rope-style outer edge, enhancing its diameter and visual presence. The entire assembly is suspended from a large, polished gold bail designed to accommodate a substantial chain. The coin and mounting appear to be made of high-karat gold, likely 90% (21.6k) for the coin and 14k or 18k for the bezel. Condition-wise, the coin shows signs of circulation wear and surface contact marks, particularly on the prominent high points of the Winged Victory. The mounting shows light scratches consistent with wear as jewelry. No significant damage or repairs are noted, though a professional test would be required to verify the authenticity of both the coin and the mounting's precious metal purity. This style of jewelry peaked in popularity during the late 20th century.